Why I Believe the Tech Sector Is in Big Trouble

Why I Believe the Tech Sector Is in Big Trouble

 The markets rose Thursday morning as U.S. gross domestic product came in better than expected — and more in Thursday’s stock market recap. GDP came in at 2.9% quarter over quarter, lower than the previous figure of 3.2% but higher than the 2.7% expected, indicating...
The 3 Most Overbought Sectors Right Now

The 3 Most Overbought Sectors Right Now

 The major indexes slipped lower as earnings reports continue to roll in — and more in Wednesday’s stock market recap. Investors remain concerned about how some of the United States’ largest companies will fare as interest rates tick higher and fears of a recession...
Why I Don’t Have Faith in the ‘Tech Rally’

Why I Don’t Have Faith in the ‘Tech Rally’

The major indexes slipped lower as investors struggle to digest a slew of largely underwhelming earnings reports — and more in Tuesday’s stock market recap. Verizon Communications Inc. (NYSE: VZ) posted mixed results for the fourth quarter. Earnings and revenue met...
Nasdaq Rises on Netflix Earnings, Alphabet Layoffs

Nasdaq Rises on Netflix Earnings, Alphabet Layoffs

 The major indexes were up Friday morning, with the Nasdaq bouncing on reports from Netflix and Google parent company Alphabet — and more in Friday’s stock market recap. Netflix Inc. (Nasdaq: NFLX) missed on earnings estimates, but posted more new subscribers than...